Within this framework, companies can start outlining strategies to be implemented in the medium/long-term, taking as an example EU countries that have been most successful in managing the crisis from an economic standpoint. The common thread in this effective management of the economy can be traced back to the application of economies of scale strategies in an integrated single market.
The details of this recovery scenario are featured in “The Parliament Magazine”, in an article which explains, among other things, what entrepreneurial actions are needed to lead SMEs to grow in a smart and sustainable way.
This very objective of transitioning to more sustainable business models to build a better future is at the heart of the SME EnterPRIZE project. By promoting sustainable thinking among European SMEs and the identification of companies that can act as points of reference and inspiration for their peers in Europe, SME EnterPRIZE aims to create opportunities for meaningful discussion on Sustainability in order to improve processes, accelerate growth and create long-term value.
The full article is available at “Europe’s SME’s need Economies of Scale”.